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October Jobs Report Not Enough to Quell Fed's Inflation Fears; Recapping NDX, SPX Sell-Off
Source: youtube.com
Economic DataMonetary PolicyInflationEnergy Markets & Prices
Kevin Gordon of Charles Schwab said the stronger-than-expected October jobs report indicates the economy is “pretty far” from recessionary territory on the Fed’s employment mandate. He continues to view inflation as the key driver behind inflation rates, with crude oil prices remaining elevated.
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